Accelerating Economic Inversion in the Post COVID-19 Economy
les Nouvelles - Journal of the Licensing Executives Society, Volume LV No. 4, December 2020
Posted: 1 Dec 2020
Date Written: December 2020
Abstract
For more than a decade Ocean Tomo has published studies documenting the growth of intangible asset value as the major component of S&P 500 market capitalization. A quarter century of data establish that the United States has transitioned from a tangible-to-an-intangible economy—a literal economic inversion or innovation revolution no less significant than the industrial revolution more than a century before. We now conclude that the economic and social shocks of COVID-19 will further accelerate this trend globally.
Keywords: accelerating economic inversion, post COVID-19 economy, COVID-19, Ocean Tomo
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